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HB548 • 2026

RELATING TO THE ACQUISITION OF THE SAINT FRANCIS SCHOOL CAMPUS FOR THE UNIVERSITY OF HAWAII AT MANOA.

RELATING TO THE ACQUISITION OF THE SAINT FRANCIS SCHOOL CAMPUS FOR THE UNIVERSITY OF HAWAII AT MANOA.

Budget Education Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
GARRETT, AMATO, KAPELA, KILA, LA CHICA, OLDS, SOUZA
Last action
2026-02-02
Official status
Re-Referred to EDU/EIG, WAM.
Effective date
Not listed

Plain English Breakdown

The bill does not specify exact amounts for bond issuance or appropriations.

Acquisition of Saint Francis School Campus by University of Hawaii

This bill allows the University of Hawaii to issue revenue bonds and use funds from general state revenues for buying the Saint Francis School campus in Honolulu.

What This Bill Does

  • Authorizes the Board of Regents of the University of Hawaii, with the approval of the governor, to issue revenue bonds to finance the acquisition of the Saint Francis School campus located at 2707 Pamoa Road in Honolulu.
  • Appropriates funds from bond proceeds and interest earned for fiscal year 2025-2026 to buy the Saint Francis School campus.
  • Appropriates general state revenues for fiscal year 2025-2026 to buy the Saint Francis School campus.

Who It Names or Affects

  • The Board of Regents of the University of Hawaii
  • Saint Francis School

Terms To Know

Revenue Bonds
Bonds that are paid back with money earned from a specific project or source.
Appropriation
Money set aside by the government for a particular purpose.

Limits and Unknowns

  • The bill does not specify how much money will be used for bonds and appropriations.
  • It is unclear when exactly the bond issuance and acquisition process will start after July 1, 2025.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HD1

1

Hawaii published version HD1

Plain English: This amendment allows the University of Hawaii to issue revenue bonds to buy the Saint Francis School campus in Honolulu, with funding from both bond proceeds and state general revenues.

  • The University of Hawaii can now issue revenue bonds to finance the purchase of the Saint Francis School campus at 2707 Pamoa Road in Honolulu.
  • Funds for this acquisition will come from both the bond proceeds and the state's general revenues.
  • The exact amount of money authorized by the amendment is not specified, as it says '$' instead of a specific dollar figure.
  • There are some technical details about how the bonds can be issued and repaid that might be hard to understand without more context.

Bill History

  1. 2026-02-02 S

    Re-Referred to EDU/EIG, WAM.

  2. 2025-12-08 D

    Carried over to 2026 Regular Session.

  3. 2025-03-04 S

    Referred to HRE/EIG, WAM.

  4. 2025-03-04 S

    Passed First Reading.

  5. 2025-03-04 S

    Received from House (Hse. Com. No. 110).

  6. 2025-02-28 H

    Passed Third Reading with none voting aye with reservations; Representative(s) Garcia, Matsumoto, Muraoka, Reyes Oda, Shimizu voting no (5) and Representative(s) Cochran, Pierick, Templo, Ward excused (4). Transmitted to Senate.

  7. 2025-02-28 H

    Reported from FIN (Stand. Com. Rep. No. 939), recommending passage on Third Reading.

  8. 2025-02-21 H

    The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 12 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Miyake, Templo; Ayes with reservations: Representative(s) Reyes Oda; Noes: none; and 4 Excused: Representative(s) Lee, M., Morikawa, Alcos, Ward.

  9. 2025-02-19 H

    Bill scheduled to be heard by FIN on Friday, 02-21-25 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.

  10. 2025-02-12 H

    Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Reyes Oda voting aye with reservations; Representative(s) Garcia, Muraoka, Pierick voting no (3) and Representative(s) Cochran, Sayama, Ward excused (3).

  11. 2025-02-12 H

    Reported from HED (Stand. Com. Rep. No. 440) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  12. 2025-02-05 H

    The committee on HED recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Garrett, Amato, Evslin, Kapela, Kila, La Chica, Olds, Sayama, Woodson, Souza; Ayes with reservations: none; 1 Noes: Representative(s) Muraoka; and Excused: none.

  13. 2025-01-31 H

    Bill scheduled to be heard by HED on Wednesday, 02-05-25 2:00PM in House conference room 309 VIA VIDEOCONFERENCE.

  14. 2025-01-21 H

    Referred to HED, FIN, referral sheet 2

  15. 2025-01-21 H

    Introduced and Pass First Reading.

  16. 2025-01-17 H

    Pending introduction.

Official Summary Text

RELATING TO THE ACQUISITION OF THE SAINT FRANCIS SCHOOL CAMPUS FOR THE UNIVERSITY OF HAWAII AT MANOA.
UH; Saint Francis School; Campus; Acquisition; Revenue Bonds; Appropriation ($)
Authorizes the Board of Regents of the University of Hawaii to issue revenue bonds for the acquisition of the Saint Francis School campus located at 2707 Pamoa Road in Honolulu. Appropriates funds to the University of Hawaii for the acquisition of the Saint Francis School campus located at 2707 Pamoa Road in Honolulu. Effective 7/1/3000. (HD1)

Current Bill Text

Read the full stored bill text
HB548

HOUSE OF REPRESENTATIVES

H.B. NO.

548

THIRTY-THIRD LEGISLATURE, 2025

STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO THE ACQUISITION OF THE SAINT FRANCIS SCHOOL
CAMPUS FOR THE UNIVERSITY OF HAWAII AT MANOA.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

����
SECTION
1.
�
The board of regents of the university
of Hawaii, with the approval of the governor, is authorized to issue revenue
bonds from time to time to finance, in whole or in part, the costs of acquiring
the Saint Francis School campus located at 2707 Pamoa road in Honolulu.
�
The total principal amount of the revenue
bonds authorized by this Act shall not exceed
$ ; provided that
neither revenue bonds issued to refund revenue bonds heretofore issued, to the
extent that such refunding revenue bonds do not exceed the principal amount of
the revenue bonds being refunded, nor revenue bonds of the board outstanding at
the effective date of this Act shall cause the amount of the above
authorization to be decreased.
�
The
revenue bonds shall be issued pursuant to the provisions of part VI of chapter
304A, Hawaii Revised Statutes.
�
The
principal and interest on the revenue bonds, to the extent not paid from the
proceeds of such bonds, shall be paid solely from and secured solely by the
revenue of the university, as defined in section 304A-2671, Hawaii Revised
Statutes.

����
SECTION
2.
�
There is appropriated out of the
revenue bond proceeds and interest earned thereon authorized by this Act the
sum of $ or so much
thereof as may be necessary for fiscal year 2025-2026 to carry out the purposes
of section 1 of this Act; provided that any unexpended and unencumbered balance
of the appropriation shall not lapse at the end of fiscal year 2025-2026 and
shall lapse on June 30, 2028.

����
SECTION
3.
�
There is appropriated out of the
general revenues of the State of Hawaii the sum of
$ or so much
thereof as may be necessary for fiscal year 2025-2026 for the acquisition of
the Saint Francis School campus located at 2707 Pamoa road in Honolulu.

����
The sum
appropriated shall be expended by the university of Hawaii for the purposes of
this Act.

����
SECTION 4
�
This Act shall take effect on July 1, 2025.

INTRODUCED BY:

_____________________________

Report Title:

UH; Saint
Francis School; Campus; Acquisition; Revenue Bonds; Appropriation

Description:

Authorizes
the Board of Regents of the University of Hawaii to issue revenue bonds for the
acquisition of the
Saint Francis School campus located at 2707 Pamoa
Road in Honolulu.
�
Appropriates funds to the University
of Hawaii for the acquisition of the
Saint Francis School campus located
at 2707 Pamoa Road in Honolulu.

The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.